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  • Newly built in 2022, this fully occupied, fully renovated multi-family property in East New York spans 4, 823 sq. ft. over four stories with six units (seven apartments). The property features modern kitchens, energy-efficient systems, private outdoor spaces, a finished basement with laundry, great trigger to your yearly water charges. Off-street parking. Enjoy a 30-year tax abatement, a 6% cap rate, and zoning flexibility (R6A). Conveniently located near A and C subway lines, parks, schools, shopping, and dining. Excellent investment opportunity with strong rental income.
    396 Shepherd Avenue East New York, NY 11208
    $2,850,000
    8 Bedrooms 7 Full Baths
    Multi Family For Sale ML# 3560746
    Newly built in 2022, this fully occupied, fully renovated multi-family property in East New York spans 4, 823 sq. ft. over four stories with six units (seven apartments). The property features modern kitchens, energy-efficient systems, private outdoor spaces, a finished basement with laundry, great trigger to your yearly water charges. Off-street parking. Enjoy a 30-year tax abatement, a 6% cap rate, and zoning flexibility (R6A). Conveniently located near A and C subway lines, parks, schools, shopping, and dining. Excellent investment opportunity with strong rental income.
    Presented By: 5 Boro Realty Corp  855-305-3325
    Call Today: (631) 697-0474, or  Email: Maria Orlandi
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Maria Orlandi
(631) 697-0474

996 W Jericho Turnpike, Smithtown, NY 11787

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